From: Office of President Iron Ore Sent: Friday, 16 October 2009 6:43 AM To: DL-IOR-Perth-Iron Ore CSG Subject: Employee Message from Ian Ashby
Dear Colleagues
I am pleased to share the news that BHP Billiton has entered into an agreement to offer to acquire all outstanding shares in United Minerals Corporation (UMC).
UMC’s principal asset is the Railway iron ore deposit directly adjacent to Mining Area C, which makes it a natural fit with our Western Australia Iron Ore business.
If you would like to read more about this acquisition, there is a news release on the BHP Billiton website (www.bhpbilliton.com) .
This announcement has no impact on the progress of our iron ore joint venture with Rio Tinto and we are continuing to work together on completing that transaction.
Ian Ashby
President, Iron Ore
UMC Price at posting:
91.0¢ Sentiment: None Disclosure: Not Held
